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fizzlegig

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fizzlegig

Re: Renavatio post# 57384

Tuesday, 10/09/2007 10:08:47 AM

Tuesday, October 09, 2007 10:08:47 AM

Post# of 79921
Renavatio

.06 deal = 45,000,000 / 167 = 269,461 prefered shares = $2,694,610 at cash out. $2,694,610 x .06 = $161,676.60 yearly or $40,419.15 quarterly.

.08 deal = 45,000,000 / 125 = 360,000 prefered shares = $3,600,000 at cash out. $3,600,000 x .06 = $216,000 yearly or $54,000 quarterly.

Regards,
Fizzlegig
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